By 12:39 pm Moscow time, the DOGEUSD rate increased to $ 0.53, + 33% from yesterday. Two good news came out in the night that raised currency quotes.
First, Elon Musk tweeted that he is working with the dogecoin team to improve transaction efficiency.
Working with Doge devs to improve system transaction efficiency. Potentially promising.
- Elon Musk (@elonmusk) May 13, 2021
Secondly, Coinbase said it will add Dogecoin to trades within 6-8 weeks.
Curiously enough, Musk's PR dogcoin happened onthe day after he smashed the cue ball for being mined on coal. The cue ball has still not recovered to levels prior to Musk's tweet (now $ 50.7K versus $ 54.5K before the tweet)